With Respect to Income from Services, Which of the Following

question 117

Multiple Choice

With respect to income from services, which of the following is true?

• A) The income is always amortized over the period the services will be rendered by an accrual basis taxpayer.
• B) A cash basis taxpayer can spread the income from a 24-month service contract over the contract period.
• C) If an accrual basis taxpayer sells a 36-month service contract on July 1, 2018 for $3,600, the taxpayer's 2018 gross income from the contract is $600.
• D) If an accrual basis taxpayer sells a 24-month service contract on July 1, 2018, one-half (12/24) the income is recognized in 2019.
• E) None of these.

Appreciate the complexities of sales performance evaluation, including ethical dilemmas and assessment methods.

Understand the steps and decisions involved in planning an advertising campaign.

Distinguish between different advertising appeals and strategies.

Identify the different purposes and types of advertising (inform, persuade, remind).

---

Definitions:

Sexual Instinct

An intrinsic part of human behavior, driven by the biological and psychological urge to engage in sexual activities.

Pleasure Principle

A psychoanalytic concept suggesting that individuals seek immediate gratification of needs and desires to experience pleasure and avoid pain.

Collective Unconscious

A concept in Jungian psychology referring to part of the unconscious mind shared among beings of the same species, containing universal experiences and archetypes.

Superego

The part of the personality in Freudian psychoanalysis that represents internalized ideals and provides standards for judgment.